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Emerging tech, businesses news coverage
IN THE NEWS
Tuesday 4 July 2023
Volkswagen increases capital investment by CNY800 million in China's charging network
Volkswagen has doubled down to grow its charging capability in the world's largest EV market. The automaker's China division announced on July 3 that it plans to increase capital...
Tuesday 4 July 2023
Infera AI: Bridging the gap between hardware manufacturing and advanced AI
Canada-based startup Infera AI seeks to bridge the gap between hardware manufacturing and cutting-edge artificial intelligence (AI) technologies. With their bespoke solutions and...
Tuesday 4 July 2023
Taiwan component makers cut into supply chain of Japanese EV
Taiwan-based component suppliers, such as automotive powertrain supplier Fukuta Electric & Machinery and power supply maker AcBel Polytech, have cut into the supply chain of a...
Tuesday 4 July 2023
SMIC founder highlights China's strength in automotive semiconductor production
China is a competitive location for the production of advanced semiconductors due to strong government support, high productivity, abundant resources, massive labor force, and extensive...
Tuesday 4 July 2023
China to impose export restrictions on compound semi materials
China will begin enforcing export restrictions on gallium and germanium-related materials used to manufacture compound semiconductors next month.
Monday 3 July 2023
China jumps ahead in the rush to secure lithium from Africa
China's early move to tap new centers of lithium supply across Africa is reaping rewards, helping the top electric-vehicle battery producer navigate a tight market for the key meta...
Monday 3 July 2023
Tata Group hints at UK battery plant plans as it posts job ads
Tata Group has posted job openings for a UK-based cell developer and construction project manager, suggesting the parent company of Jaguar Land Rover is preparing to locate its new...
Monday 3 July 2023
Nan Ya PCB sees 2Q23 revenue hit 12-quarter low
IC substrate supplier Nan Ya PCB saw its revenue hit a 12-quarter low of NT$10.13 billion (US$325.4 million) in the second quarter of 2023.
Monday 3 July 2023
Foxconn to produce EV components in Vietnam
Foxconn, the world's largest contract electronics assembler, has taken another step to scale up its EV ambitions. The company aims to invest close to US$250 million in producing EV...
Monday 3 July 2023
MCU market demand unlikely to bottom out until 4Q23
The MCU (microcontroller unit) industry is entering the traditional peak season but can hardly resume its regular on-season market momentum this year, as downstream customers of mainstream...
Monday 3 July 2023
TSMC sees robust AI chip orders from Nvidia, Broadcom, AMD through 2024
TSMC is expected to see a significant revenue rebound in the second half of the year, which will be driven by not only the launch of new iPhones but also strong demand for AI chips...
Monday 3 July 2023
Price cuts help Tesla create record deliveries in 2Q2023
EV giant Tesla announced on July 2 that it delivered 466,140 vehicles in the second quarter of 2023. The record result benefited from price cuts that the company has implemented since...
Monday 3 July 2023
MWC Shanghai 2023 sees focus shifting to AIoT
MWC Shanghai 2023 is in full swing, and major Chinese manufacturers are making significant efforts to showcase the technological achievements accumulated over the past few years,...
Monday 3 July 2023
China-made vehicles estimated to take up 9% of Western Europe EV market
Chinese EV makers are on track to secure a foothold on the global stage. According to the latest report from TrendForce, Chinese car brands will gain more traction in 2023. They are...
Monday 3 July 2023
ZTE sees generative AI drive new growth
ZTE exhibited its new computer infrastructure at the just-concluded MWC Shanghai 2023 in response to the rise of generative artificial intelligence (AI). As one of China's top two...